STR 581 Capstone Final Examination, Part Two | STR 581 answers - UOP E Tutors
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28. The convention of consistency refers to consistent use of accounting<br />
principles:<br />
within industries<br />
among accounting periods<br />
throughout the accounting period<br />
among firms<br />
29. If a company’s weighted average cost of capital is less than the required<br />
return on equity, then the firm:<br />
is financed with more than 50% debt<br />
is perceived to be safe<br />
partnership<br />
has debt in its capital structure<br />
30. Your firm has an equity multiplier of 2.47. What is the debt-to-equity<br />
ratio?<br />
0<br />
1.74<br />
0.60<br />
1.47<br />
31. The accumulation of accounting data on the basis of the individual<br />
manager who has the authority to make day-to-day decisions about activities<br />
in an area is called:<br />
master budgeting<br />
static reporting<br />
responsibility accounting<br />
flexible accounting
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